Booz Allen Hamilton Holding Corporation (NYSE:BAH) was upgraded by equities research analysts at Vertical Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

Several other research analysts have also recently commented on BAH. Cowen and Company reissued a “buy” rating and set a $41.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday, August 7th. Drexel Hamilton downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and cut their price target for the stock from $39.67 to $27.47 in a report on Friday, June 16th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $36.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research report on Thursday, September 21st. Bank of America Corporation lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a research report on Friday, June 16th. Finally, Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Seven research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Booz Allen Hamilton Holding Corporation currently has an average rating of “Buy” and a consensus price target of $37.35.

Shares of Booz Allen Hamilton Holding Corporation (BAH) opened at 37.69 on Tuesday. The company’s 50-day moving average price is $35.10 and its 200-day moving average price is $35.27. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67. The company has a market cap of $5.60 billion, a P/E ratio of 21.62 and a beta of 1.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the company earned $0.46 earnings per share. The company’s revenue was up 5.0% on a year-over-year basis. Equities analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current fiscal year.

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In other news, EVP Elizabeth M. Thompson sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $33.77, for a total transaction of $337,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Karen M. Dahut sold 36,000 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $34.02, for a total transaction of $1,224,720.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 104,001 shares of company stock valued at $3,670,074. Insiders own 3.04% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of BAH. Raymond James Financial Services Advisors Inc. raised its stake in Booz Allen Hamilton Holding Corporation by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock worth $593,000 after acquiring an additional 49 shares in the last quarter. M&T Bank Corp lifted its position in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock valued at $454,000 after acquiring an additional 65 shares during the last quarter. Teacher Retirement System of Texas lifted its position in Booz Allen Hamilton Holding Corporation by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock valued at $390,000 after acquiring an additional 66 shares during the last quarter. Somerset Trust Co lifted its position in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock valued at $457,000 after acquiring an additional 75 shares during the last quarter. Finally, Comerica Bank lifted its position in Booz Allen Hamilton Holding Corporation by 2.8% in the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock valued at $314,000 after acquiring an additional 237 shares during the last quarter. 93.62% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Holding Corporation Company Profile

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

Analyst Recommendations for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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